Question: Determine the covariance and correlation for the following joint probability distribution: x 1 1 2 4 y 3 4 5 6 fXY (x, y) 1/8

Determine the covariance and correlation for the following joint probability distribution:
x 1 1 2 4
y 3 4 5 6
fXY (x, y) 1/8 1/4 1/2 1/8

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